11/23/2015 12:21 EST | Updated 11/23/2015 12:59 EST

Katy Perry Plays A Magical Fairy In H&M's Holiday Campaign Video

Can we just talk about that hair?

Forget the elves, this year it's all about the magical holiday fairies.

Case in point? Katy Perry in H&M's new holiday 2015 campaign video, "The Makers of Happy and Merry."

The 31-year-old pop star, who is the face of the Swedish retailer's holiday collection, transforms herself into a festive fairy for the brand's film, which doubles as a music video.

In the clip, the songstress dons a bejeweled dress, complete with fairy wings as she belts out her new single, "Every Day is a Holiday." Gingerbread men, elves and toy soldiers join in on the fun, dancing along to the festive tune.

But the best part of Katy's fairy look? Her rainbow-coloured hair, which features shades of green, yellow, purple and blue.

Watch the video above to see all the magic in action!

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